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Intro to College Savings - Lesson 3

Shop for a plan Lesson 2 discussed the various investment vehicles you can use to save for college, including 529 college savings plans, 529 prepaid tuition plans, Coverdell education savings accounts, U.S. savings bonds, and fully taxable investment accounts. Assuming you have decided to invest with a 529 college savings plan, the next step is to choose the 529 college savings plan you wish to use. In-state versus out-of-state 529 plan Your choices consist of the 529 college savings plan offered by your own state (only the states of Wyoming and Washington have no 529 savings plans) along with the 529 college savings plans offered by the more than three dozen states that welcome non-residents into their plans. It is important to realize that you are not forced to stick with your own stateï ¿ ½s plan, and that your selection will in most cases have no impact on where your child attends college. Statistics reveal that most parents decide to use their own stateï ¿ ½s 529 planï ¿ ½and with good reason. After all, no state is more interested in your familyï ¿ ½s education than your own state. In addition, most states attach special benefits to their 529 plans as an incentive for residents to use the in-state plan. Here are some examples of what your state may possibly be offering: A state income tax deduction or credit for contributions to the home-state 529 plan. Matching contributions from the state designed to assist and encourage low- and middle-income families to save for college using the stateï ¿ ½s 529 plan. A reduction or waiver of program fees and expenses. Special creditor protections as defined under state law. The ability to ï ¿ ½lock-inï ¿ ½ resident tuition rates at the stateï ¿ ½s public universities even if the child moves to another state. Be sure to look for any such benefits within your own state by using Savingforcollege.comï ¿ ½s 529 Plan Comparison Tool. All details and eligibility requirements will be detailed in the 529 planï ¿ ½s official program disclosure statement (PDS), which you should carefully read. Once you understand what your state has to offer, feel free to shop among other statesï ¿ ½ plans, realizing that you may be giving up some state-level benefits by investing your college-savings dollars elsewhere. {page_break} Here are some of the key factors to consider when comparing different plans: Investment quality. Look at the investment options offered by the 529 plan. Most plans offer two categories of options: ï ¿ ½Staticï ¿ ½ options are portfolios that invest in a blend of funds to achieve a specific target mix of stocks, bonds, etc. that stays fixed, and those that have only one underlying mutual fund. ï ¿ ½Age-basedï ¿ ½ options are portfolios that automatically shift to a more conservative mix of stocks, bonds, and money market funds as your child gets older and closer to college age. Remember: even if the plan offers 20 investment options, you will probably be using just one of those options. Identify the option that best meets your own investment objectives. Then study the underlying investments used for that particular investment portfolio. Are you comfortable with the investment managers (i.e. fund companies) for the underlying securities? Is the portfolio properly diversified? Has it performed well? You can research the investment details, including past performance, in the planï ¿ ½s official disclosure statement and on its website. Costs. 529 plans will have different expense ratios due to differences in (1) the underlying securities within their investment portfolios and (2) the fees charged against the plan for program management and administration. Over the years, expense ratios have dropped dramatically in most 529 college savings plans. Many states have turned to indexed mutual funds and exchange-traded funds that offer lower costs than ï ¿ ½actively-managedï ¿ ½ funds. In addition, states have pared their management and administrative fees as their plans grew larger and the 529 marketplace became more competitive. Still, the state you live in may not be as price-competitive as most. Once you decide which type of investment portfolio you want, check similar options in other statesï ¿ ½ plans to determine how their costs compare. Another cost item to consider is the annual account maintenance fee charged by some 529 plans. Although the amount may not seem like a lotï ¿ ½typically $25 or less each yearï ¿ ½many states have eliminated their account maintenance fees, or at least waive the fee for state residents. Flexibility. Some 529 plans have rules that are more restrictive than what the federal government requires in its tax regulations. For example, there may be rules that limit your options when withdrawing funds from your 529 plan; or that prevent you from transferring ownership of your account to someone else; or that make it more difficult than necessary to roll over your account to another 529 plan. Carefully read the official program disclosure statement for the 529 plan you intend to use prior to opening your account. Program strength. When it comes to choosing a 529 plan, millions of American families have ï ¿ ½voted with their dollars.ï ¿ ½ If a 529 plan has attracted a lot of contributions, there are probably good reasons. A 529 plan that has been in place for several years, but has not been successful in attracting new accounts, may not have the ability to reduce costs or expand its investment lineup without undergoing major changes, such as the replacement of its program manager. Using multiple 529 plans. You are not restricted to using just one 529 plan. Some parents feel it makes sense to use multiple plans for the same beneficiary. The most common scenario is when a family wishes to take maximum advantage of an in-state tax benefit by using the in-state 529 plan. Since most states cap the amount of the benefit, the family may have additional dollars that they place in a different stateï ¿ ½s 529 plan that has more attractive investment, cost, or flexibility features. Rarely will it make sense to open accounts in more than two different 529 plans. Coming up: Lesson 4: Get family and friends involved Lesson 5: How will my savings affect financial aid? Previously sent: Lesson 1: How much to save Lesson 2: Compare your options Shop for a plan Lesson 2 discussed the various investment vehicles you can use to save for college, including 529 college savings plans, 529 prepaid tuition plans, Coverdell education savings accounts, U.S. savings bonds, and fully taxable investment accounts. Assuming you have decided to invest with a 529 college savings plan, the next step is to choose the 529 college savings plan you wish to use. In-state versus out-of-state 529 plan Your choices consist of the 529 college savings plan offered by your own state (only the states of Wyoming and Washington have no 529 savings plans) along with the 529 college savings plans offered by the more than three dozen states that welcome non-residents into their plans. It is important to realize that you are not forced to stick with your own stateï ¿ ½s plan, and that your selection will in most cases have no impact on where your child attends college. Statistics reveal that most parents decide to use their own stateï ¿ ½s 529 planï ¿ ½and with good reason. After all, no state is more interested in your familyï ¿ ½s education than your own state. In addition, most states attach special benefits to their 529 plans as an incentive for residents to use the in-state plan. Here are some examples of what your state may possibly be offering: A state income tax deduction or credit for contributions to the home-state 529 plan. Matching contributions from the state designed to assist and encourage low- and middle-income families to save for college using the stateï ¿ ½s 529 plan. A reduction or waiver of program fees and expenses. Special creditor protections as defined under state law. The ability to ï ¿ ½lock-inï ¿ ½ resident tuition rates at the stateï ¿ ½s public universities even if the child moves to another state. Be sure to look for any such benefits within your own state by using Savingforcollege.comï ¿ ½s 529 Plan Comparison Tool. All details and eligibility requirements will be detailed in the 529 planï ¿ ½s official program disclosure statement (PDS), which you should carefully read. Once you understand what your state has to offer, feel free to shop among other statesï ¿ ½ plans, realizing that you may be giving up some state-level benefits by investing your college-savings dollars elsewhere. {page_break} Here are some of the key factors to consider when comparing different plans: Investment quality. Look at the investment options offered by the 529 plan. Most plans offer two categories of options: ï ¿ ½Staticï ¿ ½ options are portfolios that invest in a blend of funds to achieve a specific target mix of stocks, bonds, etc. that stays fixed, and those that have only one underlying mutual fund. ï ¿ ½Age-basedï ¿ ½ options are portfolios that automatically shift to a more conservative mix of stocks, bonds, and money market funds as your child gets older and closer to college age. Remember: even if the plan offers 20 investment options, you will probably be using just one of those options. Identify the option that best meets your own investment objectives. Then study the underlying investments used for that particular investment portfolio. Are you comfortable with the investment managers (i.e. fund companies) for the underlying securities? Is the portfolio properly diversified? Has it performed well? You can research the investment details, including past performance, in the planï ¿ ½s official disclosure statement and on its website. Costs. 529 plans will have different expense ratios due to differences in (1) the underlying securities within their investment portfolios and (2) the fees charged against the plan for program management and administration. Over the years, expense ratios have dropped dramatically in most 529 college savings plans. Many states have turned to indexed mutual funds and exchange-traded funds that offer lower costs than ï ¿ ½actively-managedï ¿ ½ funds. In addition, states have pared their management and administrative fees as their plans grew larger and the 529 marketplace became more competitive. Still, the state you live in may not be as price-competitive as most. Once you decide which type of investment portfolio you want, check similar options in other statesï ¿ ½ plans to determine how their costs compare. Another cost item to consider is the annual account maintenance fee charged by some 529 plans. Although the amount may not seem like a lotï ¿ ½typically $25 or less each yearï ¿ ½many states have eliminated their account maintenance fees, or at least waive the fee for state residents. Flexibility. Some 529 plans have rules that are more restrictive than what the federal government requires in its tax regulations. For example, there may be rules that limit your options when withdrawing funds from your 529 plan; or that prevent you from transferring ownership of your account to someone else; or that make it more difficult than necessary to roll over your account to another 529 plan. Carefully read the official program disclosure statement for the 529 plan you intend to use prior to opening your account. Program strength. When it comes to choosing a 529 plan, millions of American families have ï ¿ ½voted with their dollars.ï ¿ ½ If a 529 plan has attracted a lot of contributions, there are probably good reasons. A 529 plan that has been in place for several years, but has not been successful in attracting new accounts, may not have the ability to reduce costs or expand its investment lineup without undergoing major changes, such as the replacement of its program manager. Using multiple 529 plans. You are not restricted to using just one 529 plan. Some parents feel it makes sense to use multiple plans for the same beneficiary. The most common scenario is when a family wishes to take maximum advantage of an in-state tax benefit by using the in-state 529 plan. Since most states cap the amount of the benefit, the family may have additional dollars that they place in a different stateï ¿ ½s 529 plan that has more attractive investment, cost, or flexibility features. Rarely will it make sense to open accounts in more than two different 529 plans. Coming up: Lesson 4: Get family and friends involved Lesson 5: How will my savings affect financial aid? Previously sent: Lesson 1: How much to save Lesson 2: Compare your options

Roizen Case Study - 1582 Words

1. When her fiancà © tragically died while she was attending Standford University, Heidi Roizen realized that her life had begun to revolve around his (McGinn Tempest 2010). Abandoning the structure of a closed clique network (Class Slides) with her fiancà © as the hub, Roizen began developing her own networks, to regain power over her relationships and her personal trajectory. Roizen engaged her existing networks of friends (which she had likely developed through the Proximity Principle for network building) to obtain a contact for a desired job of newsletter editor at Tandem (Class Slides). Further, she landed the job thanks to the Self-Similarity Principle (Class Slides), by hitting it off with the manager in charge of hiring.†¦show more content†¦Heidi Roizen developed her networks through a number of techniques, including those used to influence, which are outlined below: †¢ Likeability (Cialdini 2001) – Roizen portrayed a â€Å"genuine, down-to-earth personality†, was also noted to maximize short conversations with memorable ideas, and gave her undivided attention to audiences, reporters, anyone she considered talented (McGinn Tempest 2010) †¢ Reciprocity (Cialdini 2001) – by assisting with recruiting, in particular during her days as a Mentor Capitalist, and by providing access to influential people in the software industry (PfefferShow MoreRelatedHeidi Roizen Case Study1172 Words   |  5 PagesBilly Ka KEung Chan2011970509PMBA6028 – Business Networking | | Case Study 1 – Heidi Roizen Heidi Roizen began her career working for Tandem computers as an editor of the company newsletter. Her first real exposure to the benefits of professional networking occurred when she applied for the position. Her friend in the company had the contact of the woman in charge of the hiring process and with Heidi’s out-going personality decided to phone the contact on a Saturday expecting to get her voicemailRead MoreHeidi Roizen1217 Words   |  5 Pagessoftware entrepreneur we can safely say that much of her network building occurred over meals, during receptions and at conferences. Roizen has built an extensive network in Silicon Valley in her career and the â€Å"who’s who† of the valley are in her network. She is the epitome of the key forms of networking: professional, personal and social networking. In many cases these networks have been built using the shared principle that forge a stronger bond than causal personal connections3. This is seenRead MorePersua sive Speech On Sexism1211 Words   |  5 Pagesshould grow up in this world thinking they can’t do something due to something as stupid as one’s gender. According to a Boston Globe article by Maria Danilova dated January 27, 2017 which states, â€Å"Can women be brilliant? Young girls are not so sure. A study published Thursday in the journal Science suggests that girls as young as 6 can be led to believe men are inherently smarter and more talented than women, making girls less motivated to pursue novel activities or ambitious careers. That such stereotypesRead MoreEvidence Based Nursing Care For A 57 Year Old Gentleman Who Has Been Recently Diagnosed With Acute Coronary Syndrome2805 Words   |  12 Pages The aim of this essay is to discuss and explore the evidence based nursing care for a 57 year old gentleman who has been recently diagnosed with Acute Coronary Syndrome (ACS). A case study will be used in order to explore the pathophysiology, aetiology and how to manage the illness as well as published research in order to increase the nurse’s knowledge of the client and provide the best possible care for him. Throughout this essay, the client along with the family will learn how to manageRead MoreIs It Ethical And Eat Meat? Essay1469 Words   |  6 Pagescomfortably forcing everyone else to look away from the ugly truth about meat consumption, therefore reinforcing the senseless debate about humans being at the top of the food chain, as if people were savages and need meat to survive. If that’s the case, then why not eat raw meat? There’s no connection between human prevalent position in food chain that could justify the killing of live creatures, and put them in a lower level by intentionally eating them. Cutting pieces of dead flesh with a knifeRead MoreHeidi Roizen Case Final Submission2107 Words   |  9 Pagesï » ¿Heidi Roizen MBUS 803 – Strategy I – Dr. Tina Dacin Q.1 - Using the assigned readings, provide an analysis of Roizen’s network. What kinds of networks does Roizen build? What do they look like? Heidi Roizen has built herself a very strong rainmaker network (Exhibit 1). This type of network combines the clique network and the entrepreneurial (constellation) network to create a network optimized for performance impact (Dacin). A clique network is built based on similarities such as expertise orRead MoreFetal Alcohol Spectrum Disorder ( Fasd )2000 Words   |  8 Pagesthe development of an embryo. For instance, alcohol is teratogen. As per Health Canada, FASD is a leading cause of a completely avertable developmental disability but it still affects approximately one percent of the Canadian population (Batshaw, Roizen Lotrecchiano, 2012). However, there are many alterations to the disabilities and the development of sub-groups. Thereby, the term FASD is introduced to ensure the incidence of all the characteristics (mental, behavioral and physical) associatedRead MoreKeeping Google googley3957 Words   |  16 PagesIndividual Assignment: Develop an individual network action p lan for building and using social capital to achieve personal and/or organizational goals. XP 39802, Winter 2014 1 C. Rider COURSE FORMAT Class sessions include lectures, in-class case discussions, and in-class exercises. It is in your best interest to prepare for every class and to pay close attention during class. Executives are expected to prepare thoroughly for each session, draw insights from their prep work, and contributeRead MoreGluten-Free Cause and Effect1062 Words   |  5 Pagesdecade with a high statistics rate. Studies show that gluten intolerance for the healthy person is 1 in 33, and people with immediate relatives like parents, children, and siblings who are celiac is 1 in 22; those with relatives like aunts, uncles, and cousins who are celiac is 1 in 39 (Stohs). In 2011, it was stated that, â€Å"1% of Americans have been diagnosed with celiac disease, yet some people show no symptoms; statistics show that only 5% to 10% of cases are diagnosed† (Jaret). Celiac diseaseRead MoreSummary : Anaesthetic Management Of Primary Hyperparathyroidism With Hypercalcaemia And Multiple Bone Fractures For Excision Of Parathyroid Adenoma1391 Words   |  6 Pagesto facilitate smooth recovery and to prevent post-operative shivering. Close monitoring of ECG and neuromuscular function was done. Vigilant monitoring was done to detect possible postoperative complications, including hypocalcaemia. We present this case to discuss the complexity of problems that primary hyperparathyroidism can manifest and the related anaesthetic concerns. Key-words: hypercalcemia, multiple bone fractures, primary hyperparathyroidism Key Messages : Safe anaesthetic

Henry David Thoreaus Sociological Experimentation in...

In Henry David Thoreau’s writings, he explores a different, more thoughtful way of life. Thoreau was a student of Ralph Waldo Emerson. Emerson gave Thoreau the property on Walden Pond in Concord, Massachusetts; where Thoreau spent about two years living away from the society. Thoreau’s social experimentation required him to separate himself from the society, to be an individual, and to learn from his experiences. Henry David Thoreau was given a piece of property on Walden Pond by Emerson. Even though it was against Emerson’s beliefs; Thoreau separated himself from society by moving to the property on Walden Pond. This action was an experiment of self reliance; not an escape from society. Thoreau was arrested for not paying his taxes.†¦show more content†¦Thoreau reflects on his beliefs on how the government was immoral towards him and his separation from society; â€Å"I simply wish to refuse allegiance to the State, to withdraw and stand aloof from it effectually.† (â€Å"Civil Disobedience†, 101) Thoreau’s separation from society also results him being an individual. He learns to live and succeed by himself, without the influences from others. â€Å"A common and natural result of an undue respect for the law is, that you may see a file of soldiers.....marching in admirable order over hill and dale to the wars, against their wills, ay, against their common sense and consciences...† (â€Å"Civil Disobedience†,94) As an example, he feels as if soldiers have been influenced by the government and community. They go against their opinion by taking the government to a point that is too far. Therefore the soldiers’ individualism is being taken away. Thoreau believes in the importance of one’s self and that the government takes the individuality away from people. Another thought he has is that, material items make one’s life have a lower quality and weakening their character. A person needs to build up their inner self; soul and mind. To build up their inner soul they need to; be solitary, reflect of their thoughts, and immerse themselves in nature. The government and society take away from a person from being who they are by influential actions. In Thoreau’s mind, he views life experience as the way to learn. Thoreau believes that

Manipulating Antioxidant Intake in Asthma

Question: Discuss about the Manipulating Antioxidant Intake in Asthma. Answer: Introduction: Agree. Diet plays an important role in the management of asthma and it has to be modified to decrease the risk of asthma- exacerbations. National-Asthma Council-Australia (2016) has stated that nutrition presents as a vital conditioning factor in various illnesses especially asthma. They hypothesized that some constituents of diet seems to increase or decrease exacerbations. The nurses are indented to provide a patient- centered care depending on their individual needs as well as understanding their preferences, values with beliefs (including dietary aspects). A nurse has to develop a framework for identifying, solving, evaluating the problem (nutrition) and improving the practice (Brown, 2015).Hence, nurses have to identify the triggering factors in certain diets that could lead to asthma exacerbations and plan accordingly. Various studies suggest that unsaturated fats could treat allergies and decrease asthma exacerbation. There are two types of poly-unsaturated fatty acids (PUFAs) as omega-3 PUFAs which is present in animals and fishes and omega-6 PUFAs that is present in plants (sun-flower, olive canola oil) (Weichselbaum, 2013). Un-saturated fats are essential for reducing the inflammatory as well as severity of asthma. Fish oil is rich in omega-3 PUFAs especially ei-cosapentaenoic as well as do-cosahexaenoic acid that protects the asthmatic patients from inflammation and exacerbation. A study conducted by Weichselbaum (2013) suggests that increased intake ofomega-3 PUFAs has reduced the risk for asthmatic features in children and adults.When fish oils are consumed by pregnant, lactating and early-postnatal mothers with asthma, it is found to have improved their respiratory function (DAuria, 2014). Intake of omega-3 PUFAs with vitamin-D and folic acid at the time of pregnancy has showed to promote fetal development and neonatal immune-modulatory efficiency with reduction of allergic diseases. Breast milk helps to reduce the risk for getting asthma in children as it contains airborne-antigens, IgA, tolerogenic factors, etc that alters the immune- responses to allergens. According to Lisa (2012), antioxidants as vitamin- C, E with selenium are observed to prevent oxidative injury that in-turn reduces inflammation triggered by an allergen. Supplementation of Vitamin- C in diet has shown to reduce the severity and frequency of asthma and exercise-induced broncho-spasm. At-least an increase in intake of 100mg of Vitamin-C per day is found to increase 10-50 ml of forced expiratory-volume in 1 second and hence vitamin-C act as a preventer of asthma exacerbation. Selenium acts as a co-factor for the synthesis of anti-oxidant enzyme (glutathione peroxidase) that is required for counter-oxidation as well as to decrease the synthesis of leukoritine-B (inflammatory mediator), thus reducing exacerbations. According to Health-Direct Australia (2013), various types of fibre from different plants has to be consumed to prevent exacerbations. In Australia, a man is recommended to consume 30g of dietary fibre/day and a woman to take 25g/day. A study conducted by Smith (2015) concluded that a high-fibre diet is found to change gut bacteria of expectant mothers that might prevent the development of asthmatic symptoms in fetus. The nurses should conduct a dietary assessment and work along with dieticians to prepare an individualized menu plan by considering the foods that could prevent and reduce asthma exacerbation. A nurse has to educate the asthmatic patients about the importance of diet modification to prevent complications. Reference Brown, D et al. (2015). Lewiss medical-surgical nursing: assessment and management of clinical problems. Chatswood, NSW: Mosby/Elsevier DAuria, E et al. (2014). Omega-3 fatty acids and asthma in children.Allergy And Asthma Proceedings: The Official Journal Of Regional And State Allergy Societies. 35(3): 233-240.doi:10.2500/aap.2014.35.3736 Health Direct Australia. (2013). High Fibre foods and diet. Retrieved fromhttps://www.healthdirect.gov.au/high-fibre-foods-and-diet Lisa, G. W. (2012).Manipulating antioxidant intake in asthma: a randomized controlled trial: The American Journal of Clinical Nutrition. Retrieved from https://ajcn.nutrition.org/content/96/3/534.long National Asthma Council Australia. (2016).Healthy Living Fact Sheets. Retrieved from https://www.nationalasthma.org.au/publication/triggers-house-dust-mites Smith, M. (2015). Could eating a high-fibre diet during pregnancy stop your child from developing asthma?. Retrieved fromhttps://go.galegroup.com/ps/i.do?id=GALE %7CA419376838v=2.1u=acuniit=rp=ITOFsw=wasid=08c2c6cd9083b6e993f6eb50ecc2c275 Weichselbaum, E. (2013). Fish in the diet: A review:Nutrition Bulletin. 38(2): 128-177. doi:10.1111/nbu.120